102, NEW ROAD, BRADING, SANDOWN, PO36 0AB - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

102 NEW ROAD is a very large extended detached house of 249m², built sometime before 1900, which could now be worth an estimated £533,743. It was last sold for £500,000 in June 2021, which was around 38% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was D.

102 NEW ROAD Sold Prices

Land registry data shows five sales for 102 NEW ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 102 NEW ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 29 JUN	£500,000	£361,764	38% above HPI
2016 25 AUG	£345,000	£287,686	20% above HPI
2011 20 DEC	£390,000	£248,353	57% above HPI
2007 18 SEP	£395,000	£264,609	49% above HPI
1997 15 APR	£127,500	£72,838	75% above HPI

102 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 102 NEW ROAD sales between April 1997 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 102 NEW ROAD be worth now?

102 NEW ROAD might now be worth an estimated £533,743.

This is based on house price inflation of 6.7%, between June 2021 and June 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 102 NEW ROAD of £500,000 on 29th June 2021. For the value to have increased from £500,000 to £533,743 over the four years to June 2025, the following assumptions must hold true:

• The value of 102 NEW ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 102 NEW ROAD has not materially changed since June 2021.

How Large is 102 NEW ROAD?

102 NEW ROAD is 249m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Brading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brading, and where 102 NEW ROAD lies on this distribution: 98% of detached houses houses are smaller than 102 NEW ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Brading.

102 NEW ROAD: Plot and Title Map

102 NEW ROAD sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 102 NEW ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 102 NEW ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 102 NEW ROAD?

102 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 102 on NEW ROAD.